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All Forum Posts by: Will Zena

Will Zena has started 17 posts and replied 194 times.

Post: Using home equity to start flipping

Will Zena
Pro Member
Posted
  • Rental Property Investor
  • Estero, FL
  • Posts 195
  • Votes 105
Hi, I am brand new to the site. I was wondering if you all could give me your educated opinion on the pros and cons of using equity from my home to invest into properties to flip. If you feel it is not wise to use them what would be the best alternative for a beginner? *Also where should I begin to educate myself on this new business venture? Thank you

Post: How'd you finance your first flip?

Will Zena
Pro Member
Posted
  • Rental Property Investor
  • Estero, FL
  • Posts 195
  • Votes 105
Aaron R. That's great how that worked for you. But most people don't have family members or friends willing to front that kind of money.

Post: What's the flow of a wholesale assignment, offer through closing?

Will Zena
Pro Member
Posted
  • Rental Property Investor
  • Estero, FL
  • Posts 195
  • Votes 105
Chris Boyd Stephen Anderson thank you both for your insight. Very helpful for me. I am a novice just beginning to learn about flipping properties. Is there any material either of you would recommend that would be educational for a beginner? Anyone else's insight would certainly be appreciated. Thanks

Post: How'd you finance your first flip?

Will Zena
Pro Member
Posted
  • Rental Property Investor
  • Estero, FL
  • Posts 195
  • Votes 105

can someone please explain what a hard money loan is? Is it a 100% loan with $0 down?